Nepal Infrastructure Bank issuing 80 million units IPOs from today

Published On: January 15, 2021 09:38 AM NPT By: Republica  | @RepublicaNepal


Nepal Infrastructure Bank issuing 80 million units IPOs from today

 KATHMANDU, Jan 15: The Nepal Infrastructure Bank is issuing 80,000,000 units of Initial Public Offering (IPO) worth Rs 8 billion to the general public from Friday.

According to a press statement issued by the bank, out of total units, 0.20 percent i.e 1,60,000 units have been allocated for employees of the company, 5 percent i.e 4,000,000 units for Mutual Investment Fund and 7,58,40,000 units of shares have been allocated for the general public.

Each unit of share costs Rs 100.

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